The Tennessee Housing Development Agency (THDA) is charged with developing a National Housing Trust Fund Allocation Plan, which will be incorporated into the Consolidated Plan and Annual Action Plan on August 16, 2016.

The National Housing Trust Fund (NHTF) is a new federal formula grant program provided by the U.S. Department of Housing and Urban Development. Funds will be distributed to the State of Tennessee to produce, preserve, rehabilitate, and operate housing affordable to extremely low-income households earning less than 30 percent of the area median income. The State of Tennessee will receive $3 million in the first year of the NHTF.

The public comment period for the NHTF Allocation Plan is from June 6, 2016 to July 6, 2016. THDA requests public input on the following required plan components: priority housing needs, project-based rental assistance, eligibility requirements for sub-grantees, geographic targeting, funds leveraging, and the duration of the affordability period.

THDA is also updating one housing goal in the Consolidated Plan to reflect changes to the Emergency Solutions Grant Program in Tennessee.

THDA is hosting three public meetings across the State of Tennessee during the public comment period to hear comments about the NHTF Allocation Plan:

A summary of the plan will be available for review and public comment at www.thda.org. The summary will also be available for review at the nine Development Districts of Tennessee. Locations of the nine Development Districts are available on the Tennessee Development District Association website at www.tennesseedevelopmentdistricts.org.

Written comments via electronic submission on the THDA website will be accepted from June 6, 2016 to July 6, 2016.